Monday, January 26, 2009

There Will Be Blood

Call me gullible or impressionable, but I'm actually feeling kind of hopeful this week. It's not just the new year or the inauguration (which I loved most for its goofs and gaffes) or even that—please, please—publishing business firings are coming to an end, at least for a while.
So wrote Publishers Weekly editor-in-chef Sara Nelson in her column last week, entitled "Change I Believe In." Now call her "fired," as she and other PW staffers were let go today when corporate owner Reed Business Information laid off 7 percent of its workforce. (See story in Executive editor Daisy Maryles, who'd been with PW--her sole employer--for 40 years, was laid off as well.

RBI also owns Variety. Bloodbath At Variety: Hammond, Thompson Let Go is one of the lead stories on the opening day of website TheWrap, founded by former NYT & Washington Post entertainment reporter Sharon Waxman.

I won't comment on the irony of niche websites reporting on the demise of the very publications they're supplanting. (Disclosure: I was a PW contributing editor for 14 years and stopped reading it in favor of the more timely and interesting GalleyCat and Publishers Marketplace.)

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